Question: be specific using the same table format to answer the question please For each of the following business transactions indicate the title of the accounts

For each of the following business transactions indicate the title of the accounts effected, the type of account: Asset Liability, or Stockholders' Equity, and whether the account was increased or decreased. (If no entry is required, select "No Entry" for the account titles.) 1. 2. 3. Owner invested $60,000 in exchange for common stock of the corporation Hired an employee to be paid $400 per week, starting tomorrow. Paid two years' rent in advance, $7.200. Paid the worker's weekly wages. Recorded service revenue earned and received for the week, $1,500. 4. 5. Trans. Account Title Type of Account Increase Decrease 1. Cash Asset Common Stock Stockholder's Equity Xv 2. > v 5. Cash Asset v Service Revenue v
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